Northern Minerals Ltd NOURF
$0.02 $0.02
Last Updated: Aug 21, 12:00 AM·OOTC
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NOURF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Northern Minerals Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Northern Minerals Ltd. Stock Analysis NOURF
United States Materials Micro Cap Northern Minerals Ltd. engages in the exploration, evaluation, and development of mineral properties. The company is headquartered in Perth, Western Australia. The company went IPO on 2006-11-15. The company owns 100% of the Browns Range Project (Project) in northern Western Australia, tenements rich in the heavy rare earth elements dysprosium (Dy) and terbium (Tb). The Browns Range Project is located over160 kilometers (km) south-east of Halls Creek on the northern edge of the Tanami Desert in Western Australia. Its other projects include John Galt, Boulder Ridge, Coomarie Dome, Gardiner Tanami, and Rabbit Flats. The John Galt Project comprises granted tenements held 100% by the Company, which covers a combined area of 78 square kilometers (km2). John Galt is situated in East Kimberley, approximately 150km north of Browns Range. The John Galt Project comprises granted tenements, such as E80/4298, E80/4967, E80/5230, and E80/6079. Boulder Ridge Project is located 150 km south of the Browns Range Dome along the western margin of the Coomarie Dome. Rabbit Flats tenement group lies immediately east of the Tanami village in the NT.
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Financial Metrics & Statements of Northern Minerals Ltd (NOURF)
FAQ's for Northern Minerals Ltd (NOURF)
- As of August 2026, Northern Minerals Ltd NOURF is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Northern Minerals Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Northern Minerals Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Northern Minerals Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Northern Minerals Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Northern Minerals Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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